November 2024
Video: Nils-Robert Persson on the Next Generation of Trading Systems
With over 25 years of experience in designing systems for exchanges, Nils-Robert Persson, founder and chairman of Vermiculus, shares his insights into the evolution of trading technology and what the future demands from next-generation systems.
“When we designed systems for exchanges 25 years ago, the most important thing was to provide a system that was reliable. And then, the latency race came, and companies started to take away functionality. Now, we have the ability to provide systems with the best performance, and still full-fledged functionality,” says Nils-Robert.
Drawing on the legacy of Cinnober, where Nils-Robert spent 20 years building solutions for exchanges such as LME, AMEX, the Stock Exchange of Thailand, Alpha, Turquoise, and the Australian Stock Exchange, Vermiculus is now setting a new standard. With a team of unmatched experience and completely new technology, Vermiculus positions itself as “Cinnober 2.0.”
At the forefront of this innovation is VeriTrade, a comprehensive trading solution designed for exchanges seeking outstanding performance, full functionality, adaptability, and cost-efficiency over time.
“As a former CEO of an exchange, I understand how important it is to have a system that is easy to change, with outstanding performance, and low cost over time,” Nils-Robert adds.
In today’s competitive and fast-changing market, the ability to balance high performance with long-term flexibility and adaptability has become essential for exchanges. Systems like VeriTrade meet these demands, enabling exchanges to keep pace with technological advances and changing market conditions without compromising reliability or functionality.
Nils-Robert Persson will be attending the WFE Annual Meeting in Kuala Lumpur from November 19-21th. If you’d like to explore how VeriTrade can empower your exchange, this is an excellent opportunity to connect and discuss the future of trading systems, or reach out to Nils-Robert at nilsrobert.persson@vermiculus.se.